X Financial Correlations

XYF Stock

USD 13.60 0.99 7.85%

The current 90-days correlation between X Financial Class and Qudian Inc is 0.25 (i.e., Modest diversification). The correlation of X Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

X Financial Correlation With Market

Modest diversification

The correlation between X Financial Class and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding X Financial Class and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in X Financial Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving together with XYF Stock

0.62

Chubb

Pair Corr

Moving against XYF Stock

0.65	AXP	American Express Sell-off Trend	Pair Corr
0.63	MC	Moelis	Pair Corr
0.55	MS	Morgan Stanley	Pair Corr
0.49	BN	Brookfield Corp	Pair Corr
0.47	C	Citigroup Aggressive Push	Pair Corr
0.46	COF	Capital One Financial	Pair Corr
0.46	BX	Blackstone Group Normal Trading	Pair Corr
0.45	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.45	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.43	OPFI	OppFi Inc	Pair Corr
0.37	CIM	Chimera Investment	Pair Corr
0.37	ALLY	Ally Financial Normal Trading	Pair Corr
0.63	SF	Stifel Financial	Pair Corr
0.61	CG	Carlyle Group Normal Trading	Pair Corr
0.54	KB	KB Financial Group	Pair Corr
0.54	RM	Regional Management Corp Normal Trading	Pair Corr
0.53	PX	P10 Inc	Pair Corr
0.5	RF	Regions Financial	Pair Corr
0.48	GS	Goldman Sachs Group	Pair Corr
0.42	CM	Canadian Imperial Bank	Pair Corr
0.4	PB	Prosperity Bancshares	Pair Corr
0.4	RY	Royal Bank	Pair Corr
0.38	LC	LendingClub Corp Sell-off Trend	Pair Corr
0.32	FG	FG Annuities Life	Pair Corr

Related Correlations Analysis

	LMFA	DXF	SUNL	NISN	QD	FINV	AIHS	LX	QFIN	LU
LMFA		0.14	0.0	-0.2	0.29	-0.56	0.63	-0.61	-0.49	-0.73	LMFA
DXF	0.14		0.0	0.24	0.35	0.11	0.02	0.15	0.24	-0.32	DXF
SUNL	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	SUNL
NISN	-0.2	0.24	0.0		0.57	0.69	-0.04	0.68	0.39	0.5	NISN
QD	0.29	0.35	0.0	0.57		0.3	0.0	0.24	0.28	0.03	QD
FINV	-0.56	0.11	0.0	0.69	0.3		-0.45	0.95	0.63	0.74	FINV
AIHS	0.63	0.02	0.0	-0.04	0.0	-0.45		-0.48	-0.35	-0.49	AIHS
LX	-0.61	0.15	0.0	0.68	0.24	0.95	-0.48		0.56	0.75	LX
QFIN	-0.49	0.24	0.0	0.39	0.28	0.63	-0.35	0.56		0.42	QFIN
LU	-0.73	-0.32	0.0	0.5	0.03	0.74	-0.49	0.75	0.42		LU
	LMFA	DXF	SUNL	NISN	QD	FINV	AIHS	LX	QFIN	LU

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

LX	+ 0.95	FINV
LU	+ 0.75	LX
LU	+ 0.74	FINV
FINV	+ 0.69	NISN
LX	+ 0.68	NISN
AIHS	+ 0.63	LMFA

High negative correlations

LU	- 0.73	LMFA
LX	- 0.61	LMFA
FINV	- 0.56	LMFA
LU	- 0.49	AIHS
QFIN	- 0.49	LMFA
LX	- 0.48	AIHS

Risk-Adjusted Indicators

There is a big difference between XYF Stock performing well and X Financial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze X Financial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LMFA	4.03	(0.45)	0.00	(0.32)	0.00	0.00	9.33	(7.43)	21.18
DXF	16.44	0.82	0.04	5.59	19.22	(21.29)	33.13	(25.89)	196.29
SUNL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NISN	5.08	0.72	0.13	0.26	4.84	(5.97)	12.61	(7.41)	29.29
QD	2.60	0.15	0.05	0.06	2.80	(3.38)	5.54	(5.05)	20.79
FINV	2.03	0.65	0.32	1.93	1.71	(2.57)	4.75	(3.36)	23.39
AIHS	2.53	0.09	0.03	0.05	3.31	(3.14)	5.68	(6.54)	23.64
LX	3.88	1.12	0.27	0.89	3.64	(4.86)	13.01	(5.61)	31.45
QFIN	2.63	0.39	0.13	0.28	2.82	(2.94)	6.06	(4.99)	14.61
LU	2.97	0.31	0.08	0.38	3.85	(3.34)	5.44	(5.70)	21.78

X Financial Corporate Management

Kan Li	Chief Risk Officer	Profile
Shengwen Rong	Independent Director	Profile
Zheng Xue	Independent Director	Profile
Yufan Jiang	Chief Officer	Profile

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